Chapter 2. Possession of Depository Institution by Commissioner  


§ 7-2-1. Supervisory actions by commissioner -- Grounds -- Mergers or acquisitions authorized by commissioner -- Possession of business and property taken by commissioner. (Effective 5/13/2014)
§ 7-2-2. Jurisdiction of district court -- Supervision of actions of commissioner in possession -- Authority of commissioner and court. (Effective 5/13/2014)
§ 7-2-3. Action for injunction against commissioner in possession -- Procedure -- Appeal.
§ 7-2-4. Consent required for institution to resume business.
§ 7-2-5. Appointment of receiver or assignment for creditors -- Notice required -- Commissioner taking possession.
§ 7-2-6. Possession by commissioner -- Notice -- Presentation, allowance, and disallowance of claims -- Objections to claims.
§ 7-2-7. Stay of proceedings against institution -- Relief.
§ 7-2-8. Special deputies or agents -- Appointment -- Bond.
§ 7-2-9. Conservatorship, receivership, or liquidation of institution -- Appointment of receiver -- Review of actions.
§ 7-2-10. Inventory of assets -- Listings of claims -- Report of proceedings -- Filing -- Inspection.
§ 7-2-11. Special counsel -- Employment by attorney general.
§ 7-2-12. Powers of commissioner in possession -- Sale of assets -- Postpossession financing -- New deposit instruments -- Executory contracts -- Transfer of property -- Avoidance of transfers -- Avoidable preferences -- Setoff. (Effective 5/13/2014)
§ 7-2-13. Collections in liquidation -- Deposit -- Preference.
§ 7-2-14. Expenses during possession.
§ 7-2-15. Priority of obligations, expenses, and claims -- Distribution of balance of assets.
§ 7-2-16. Interim ratable dividends.
§ 7-2-17. Disposition of records after liquidation.
§ 7-2-18. Plan for reorganization or liquidation of institution -- Hearing -- Procedure -- Effect -- Appeals.
§ 7-2-19. Suspension of payments by institution -- Order of commissioner -- Approval of governor -- Period effective -- Exempt payments -- Operation during suspension -- Modification of orders -- Adoption of rules and regulations.
§ 7-2-21. Applicability of Utah Procurement Code.
§ 7-2-22. Termination of authority to transact business.
§ 7-2-23. Limitation of action -- Tolling of period.